David Lipson, third-generation owner of Boston and Philadelphia magazine publisher Metro Corp., is stepping down as CEO and bringing in management consultant Nick Fischer to run the company through the COVID-19 pandemic and beyond, staffers learned this week. Fischer currently serves as managing partner at Calidus Inc., a middle-market consulting firm he co-founded, which Lipson says Metro Corp. had contracted for financial planning and analysis prior to the pandemic. In the past, Fischer has served as CFO of the retail chain Betteridge Jewelers, director of finance at Nordstrom and senior manager, FP&A at Capital One. "[Fischer] will be bringing to the company financial and operational expertise that we need to navigate our way through this pandemic and emerge with a sustainable business model," Lipson tells Folio: via email. [caption id="attachment_180159" align="alignright" width="150"] David Lipson[/caption] The change marks the first time in over 70 years that a member of the Lipson family will not run day-to-day operations at Philadelphia magazine, which was first acquired by Lipson's grandfather, S. Arthur Lipson, in 1946. The family business evolved into Metro Corp. after adding Boston magazine in 1970. Apart from the management change, Lipson says both Boston and Philadelphia will reduce their print frequency to 10 issues per year, and that both magazines will be implementing a digital paywall (Philadelphia's will debut in June, Boston's in January), selling... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2020-04-29 22:35:01 UTC ]
Condé Nast Pulls Investment From FarFetch [caption id="attachment_161701" align="alignright" width="150"] José Neves[/caption] Condé Nast pulled its nearly $300 million investment in the London-based luxury fashion retail marketplace FarFetch, following concerns about the management of the... Continue reading at Folio Magazine
[ Folio Magazine | 2019-07-09 18:18:07 UTC ]
More news stories like this
A round of promotions has been revealed across 4th Estate and William Collins with Helen Garnons-Williams promoted to associate publisher across the two HarperCollins imprints and Tom Killingbeck appointed to William Colllins' editorial director, while Anna Kelly will become editorial director... Continue reading at The Bookseller
[ The Bookseller | 2019-07-02 10:55:24 UTC ]
More news stories like this
Sponsored by Cummings Printing When it comes to improving profits at print magazines, there’s a tendency to focus on new ways of driving revenue. But while keeping a close eye on expenses can also have a significant impact on the bottom line, today’s environment often calls for a balancing... Continue reading at Folio Magazine
[ Folio Magazine | 2019-06-27 17:04:10 UTC ]
More news stories like this
Salesforce Senior Vice President Stan Sugarman sits down with Ad Age Associate Publisher Heidi Waldusky to inform why internal collaboration is the foundation for the best customer experience. This custom video series is made possible by Salesforce. Continue reading at Advertising Age
[ Advertising Age | 2019-06-25 19:25:00 UTC ]
More news stories like this
When it comes to ad spending, the FANG gang has developed some serious teeth. For the first time, all four FANG companies—Facebook, Amazon, Netflix and Google parent Alphabet—rank among the top 100 spenders in Ad Age Leading National Advertisers 2019. FANG—Wall Street lingo for these internet... Continue reading at Advertising Age
[ Advertising Age | 2019-06-25 07:00:00 UTC ]
More news stories like this
People editor-in-chief Dan Wakeford announced his first hire and several promotions since taking on his new role in March. [caption id="attachment_160467" align="alignright" width="150"] Wendy Naugle[/caption] Wendy Naugle was brought on as the new deputy editor for the magazine. She joins... Continue reading at Folio Magazine
[ Folio Magazine | 2019-06-20 16:36:32 UTC ]
More news stories like this
Special interest magazine publisher F+W Media is due back in Delaware bankruptcy court Monday afternoon, where the company is expected to present the winning bidders emerging from an auction of its remaining media assets, the latest step in a process that began when the company filed for... Continue reading at Folio Magazine
[ Folio Magazine | 2019-06-17 16:16:56 UTC ]
More news stories like this
The publisher of the two top-selling magazines on American newsstands has initiated a process aimed at exploring alternatives outside of the traditional magazine-retail supply chain, which has become dominated by two major wholesalers following years of decline and consolidation. Bauer Media... Continue reading at Folio Magazine
[ Folio Magazine | 2019-06-11 20:01:50 UTC ]
More news stories like this
Sue Berger Ramin, former associate publisher at David R. Godine, has been named to the newly created position of director of Brandeis University Press. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-06-04 04:00:00 UTC ]
More news stories like this
Your first few years in the workplace are incredibly important. Here’s what you need to know. My son Chris graduated from college and started his first “real” full-time job last month, working in human resources. It made me think about my first job out of college: editorial assistant in the... Continue reading at Fast Company
[ Fast Company | 2019-05-15 00:00:00 UTC ]
More news stories like this
The Nashville-based publisher acquired B&H’s Fidelis Books imprint and appointed Gary Terashita as its associate publisher. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-03-01 00:00:00 UTC ]
More news stories like this
Georgia Amson-Bradshaw has joined Quarto Kids as associate publisher, specialising in non-fiction and novelty for Wide Eyed Editions and Frances Lincoln Children’s Books. Continue reading at The Bookseller
[ The Bookseller | 2019-01-25 00:00:00 UTC ]
More news stories like this
The 116-year-old magazine publisher wants to stake an early claim on Instagram’s would-be YouTube rival as it looks to video to accelerate digital growth. The post Meredith is developing 10 original shows for Instagram’s IGTV appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-10-09 00:00:00 UTC ]
More news stories like this
The magazine publisher will be competing with entertainment conglomerates, consulting firms and ad agencies for new revenue. The post Conde Nast’s turnaround plan faces hurdles appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-08-14 00:00:00 UTC ]
More news stories like this
The Economist Group is nearing a deal to sell CQ Roll Call to SaaS firm FiscalNote in exchange for an 18 percent stake in the company, according to an announcement released Wednesday. Expected to be finalized later this year, the proposed deal would see the London-based publisher become the... Continue reading at Folio Magazine
[ Folio Magazine | 2018-07-25 00:00:00 UTC ]
More news stories like this
The digital media company founded in 2012 will now be part of a publicly traded Japanese firm. Atlantic Media has agreed to sell its business-and-tech news outlet Quartz to publicly traded Japanese firm Uzabase, in a deal worth between $75 million and $110 million. The deal is set to close... Continue reading at Fast Company
[ Fast Company | 2018-07-02 00:00:00 UTC ]
More news stories like this
PW rounds up the news and issues making headlines in the library world this week, including good news for libraries from Capitol Hill, and the swearing in of ALA's next president, Loida Garcia Febo. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-06-29 00:00:00 UTC ]
More news stories like this
A magazine publisher will now pay less to the Hollywood actress over a high-profile defamation case. Continue reading at BBC News
[ BBC News | 2018-06-14 00:00:00 UTC ]
More news stories like this
The Week in Libraries, May 4, 2018: Among this week's headlines, librarians prepare to make their case to lawmakers in Washington D.C. as a rescission package looms; Congress could wade into the net neutrality battle. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-04 00:00:00 UTC ]
More news stories like this
The Week in Libraries, April 20, 2018: Among this week's headlines, a copyright treaty to extend book access to the blind and print disabled sails through its Senate hearing; Support builds for FY2019 federal library funding. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-04-20 00:00:00 UTC ]
More news stories like this